Ethereum (ETH) exchange reserves have fallen to an ATL of $583 million ETF inflows.

Gate News bot news, as the exchange reserves of Ethereum (ETH) returned to a downward trend, it regained bullish momentum on Monday, falling from 18.72 million ETH on Saturday to an all-time low of 18.57 million ETH in the past 24 hours. With the total value of exchange reserves decreasing, this indicates that buying pressure is rising.

(Source: CryptoQuant)

According to Beaconchain data, during this period, the total staked value of ETH also increased by 80,000 ETH, indicating a stronger bullish sentiment among investors.

According to CoinShares, after a week of strong institutional buying pressure, ETH began to shift towards accumulation, driving net inflows into global Ethereum products to $583 million last week.

Buying pressure primarily comes from the inflow of $528.12 million into U.S. spot ETH exchange-traded funds (ETFs), marking the highest weekly performance since December 2024. These products recorded net inflows for 19 consecutive days, before breaking this trend on Friday, with a small outflow of $2.18 million following the escalation of tensions in the Middle East.

Source: FXStreet